TurnOnGreen ( (TOGI) ) has released a notification of late filing.
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TurnOnGreen, Inc. has announced a delay in filing its Form 10-K (Yearly Report) for the financial period ending December 31, 2024. The delay is primarily due to the significant effort and expense required to compile, disseminate, and review the necessary information, making timely filing impractical. The company anticipates filing the report within fifteen calendar days following the prescribed due date. Financially, TurnOnGreen expects a decrease in net loss by $3.0 million compared to the previous year, attributed largely to reduced preferred dividends, increased gross profit, and offset by higher operating and interest expenses. The company is committed to ongoing compliance efforts, as indicated by the signature of Amos Kohn, CEO and CFO, on the notification.
More about TurnOnGreen
YTD Price Performance: -15.38%
Average Trading Volume: 196,863
Technical Sentiment Signal: Buy
Current Market Cap: $1.18M
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